Source: PaxForex Premium Analytics Portal, Fundamental Insight We can see TSLA stock come back these days. After hitting a record high of $900 in January, Tesla stock lost more than a third of its value, dropping to $563 in March. But they've been steadily gaining since then. On Wednesday, Tesla closed the trading session at $753.87, up 34% from this year's low. In short, Tesla appears to be regaining its success on Wall Street. But should new investors join it? From a business perspective, Tesla is at its peak. It had a great...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Final Japanese Industrial Production for July decreased 1.5% monthly and increased 11.6% annualized. Forex traders can compare this to Japanese Industrial Production for June, which increased 6.5% monthly and 23.0% annualized. Capacity Utilization for July decreased 3.4% monthly. Forex traders can compare this to Capacity Utilization for June, which increased 6.2% monthly. The US CPI for August is predicted to increase 0.4% monthly and 5.3% annualized. Forex traders can compare...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As you know, Pfizer's biggest product at the moment is the coronavirus vaccine, Comirnati. The company and its partner BioNTech expect it to bring in more than $33 billion this year. Meanwhile, Pfizer expects revenue from the coronavirus vaccine to account for 42% of the company's total revenue. The vaccine is certainly one good reason to buy stock in this major pharmaceutical giant. But there is another reason to buy Pfizer stock, and it has nothing to do with the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Food Prices for August increased 0.3% monthly and 2.4% annualized. Forex traders can compare this to New Zealand Food Prices for July, which increased 1.3% monthly and 2.8% annualized. The Japanese BSI All Large Industry Index for the third quarter was reported at 7.0 quarterly. Forex traders can compare this to the Japanese BSI All Large Industry Index for the second quarter, reported at -1.4. The Japanese PPI for August was reported flat at 0.0% monthly and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel was hit hard by rival Advanced Micro Devices in the x86 (central processing unit) processor market, losing share in servers and PC processors thanks to the latter's technological advantage. But now Chipzilla has aimed at AMD as well as Nvidia, entering the multi-billion dollar discrete graphics processor (GPU) market. Intel recently announced that the first generation of Arc discrete graphics cards will be available in the first quarter of 2022. Chipzilla claims that...
